Freddie asked:


From March 2007 to March 2008 Americansdrove 11billion fewer miles than the previous year. Not only that, we’re using a lot less oil because we using alternative fuels like E85 and trading in our gas guzzling SUVs for Hybrids. So, I ask the question Why is gas $4 a gallon now? Why isn’t the whole “Supply and Demand” thing working with oil? It’s quite obvious that this is a conspiracy. I keep hearing about China and India buying up all the oil and oil is a global commodity and that’s why Americans aren’t making an impact. I don’t understand why we don’t keep our oil a domestic commodity and tell OPEC that they can keep their oil. We need to stop buying foreignoil and start tapping into our own oil reserves. I’m all about preservation, but when families are going hungry because they have to pay $150 a week for gas to get to work then we need to tell the environmentalist to step out of the way because making people go hungry is a lot worse that killing a couple of trees and a few birds.

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Filed under: Commodity Trading

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